Thursday, November 8, 2012

Frontier Communications Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 12/7/11, Frontier Communications Corp (NYSE: FTR) will trade ex-dividend, for its quarterly dividend of $0.1875, payable on 12/30/11. As a percentage of FTR�s recent stock price of $5.71, this dividend works out to approximately 3.28%, so look for shares of Frontier Communications Corp to trade 3.28% lower � all else being equal � when FTR shares open for trading on 12/7/11.

Below is a dividend history chart for FTR, showing historical dividends prior to the most recent $0.1875 declared by Frontier Communications Corp:

FTR Dividend History
Date Div*
09/07/11 0.188
06/07/11 0.188
03/07/11 0.188
12/07/10 0.188
09/07/10 0.188
06/07/10 0.250
03/05/10 0.250
12/07/09 0.250
09/04/09 0.250
06/05/09 0.250
03/05/09 0.250
12/05/08 0.250
09/05/08 0.250
06/05/08 0.250
03/06/08 0.250
12/05/07 0.250
09/05/07 0.250
06/06/07 0.250
03/07/07 0.250
12/06/06 0.250
09/06/06 0.250
06/07/06 0.250
03/07/06 0.250
12/07/05 0.250
09/07/05 0.250
06/07/05 0.250
03/16/05 0.250
12/08/04 0.250
08/16/04 2.250
11/27/98 0.152
05/28/98 0.072
11/29/95 0.077
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FTR is likely to continue, and whether the current estimated yield of 13.14% on annualized basis is a reasonable expectation of annual yield going forward.

Click here to find out which 9 other stocks going ex-dividend you should know about, at DividendChannel.com »

According to the ETF Finder at ETF Channel, FTR makes up 5.41% of the iShares Dow Jones U.S. Telecommunications Sector Index Fund ETF (AMEX: IYZ) which is trading higher by about 1% on the day Monday.

See what other ETFs contain FTR »
See what other stocks are held by IYZ »

FTR operates in the Communications Services sector, among companies like Vodafone Group Plc (NASD: VOD) which is up about 1.9% today, and AT&T Inc (NYSE: T) trading up by about 0.8%. Below is a three month price history chart comparing the stock performance of FTR, versus VOD and T.

In Monday trading, Frontier Communications Corp shares are currently up about 2.9% on the day.

Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with a special 20% off coupon from Forbes and 30 Days Free.

No comments:

Post a Comment